FXTradeCity Forex Signals

Welcome to our trade setups, and suggestions dedicated to the Breakthrough EA trading system, and our proprietary 40 - 50 Pips MA Combination Trading Strategy. (**News Trading Setup is now included. Please refer to the guidelines on How I Trade The News Part 1, 2 & 3)

The essence of this service is to give everyone the opportunity to share from our personal trade setups, and as well make room for others to share their experience.

Go straight to.... Guidelines | Chat App

Breakthrough EA

The Breakthrough EA is one of the best complementary trendline trading tool that automatically place trades with the aid of manually drawn trendlines. This EA has great potential and very good win rates. Learn more about the Breakthrough EA.

40 - 50 Pips MA Combination Trading Strategy

This is our proprietary trading strategy, which aims at taking advantage of price action at 90% precision. The strategy reveals areas where we can set traps in the form of pending orders that will eventually give us 40 to 50 pips consistently. Learn more about the 40 - 50 Pips MA Combination Trading System.

GUIDELINES

Signals would be published in various social media (Facebook, Google+, LinkedIn, Twitter, e.t.c.) to ensure everyone get updates for the time being. 

Please note the following:

1. The systems should work for any broker. However our
   
   trades are hosted on Hotforex MT4 Build 625.
2. There are no precise times for trade setups for both systems. We advise signing up to our data feed or any of our social media platforms to get instant updates.
3. The signals are suggestions and are therefore offered as "USE AT YOUR OWN RISKS". Please see our risk disclaimer policy.
4. See samples of signal format:
• Breakthrough EA: Time, Trend, Start Candle, End Candle, TP, SL, TS. E.g 2013.03.27 12:00, Uptrend, Start Candle: draw trendline from 1.37402 to End Candle at 1.37588 or to next lower lows or to "n" candle bar where n = next bar(s) after start candle (pictures would be used to illustrate when necessary).
• 40 - 50 Pips MA CTS: Time, Buy Stop, Sell Stop, TP, SL. E.g. 2013.03.27 12:00, Set Buy Stop @ 1.56730, TP @ 1.57130, SL @ 1.5640. Set Sell Stop @ 1.52500.................
  
5. The stop loss and take profits are suggestions. You are free to adjust yours to suit your money management rules.
6. Be cautious of economic news release prior to placing the trades. 
7. We will be using the chatting application below for discussions, sharing trade results, and collaboration.We welcome your feedback, ideas, and suggestions.

FXTRADECITY LIVE TRADE ROOM

Instruction: Click on Set Name at the bottom right of chat app to Log in. You can import your avatar.

The image (Mobile Antenna) is courtesy of David Castillo Dominici / FreeDigitalPhotos.net

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BreakThrough Expert Advisor - Personal Review

This is a personal review of my experience with the BreakThrough Expert Advisor. Interested users are advised to carryout their personal test with this EA before using it.

This article is not a solicitation to use this EA. The writer and this website shall not be held liable for any performance beyond the expected results of the EA. Please read our risk disclaimer notice, and privacy policy.

BRIEF

The BreakThrough EA was designed by greg18 (username on Mql4.com Codebase Forum - See Profile). It has the ability to automatically place trades with the aid of trendlines drawn on the chart by the user. Trades are placed by the EA when the trendline criteria is met.

See further description of the BreakThrough EA

MY PERSONAL EXPERIENCE

My first experience with this EA was amazing. I love trading the trend because there are higher success rates if you are able to trade the right trend. I designed a unique Moving Average System, which i supplement with Support & Resistance tools to trade the trend. I also love trading breakout systems. So this EA supplements my efforts by automatically placing trades through the trendlines drawn on my chart.

Here are some of the trades the EA placed and won.

1. AUDUSD 30M - 30th Sept, 2013 (10:00 AM EST) - 10 Lots = $880.00. The EA placed the trade after price cut above the down trendline.

2. EURUSD 30M - 30th Sept, 2013 (10 Lots - $5,250.00)

These are the two trades the EA has placed so far through the trendlines i drew on the chart.

MY VERDICT

Advantages

1. Very good for trend trading strategies.
2. You do not need to watch the chart all the time waiting for a breakout on the trendline before placing your trades.
3. Supplements trend trading systems.
4. Precise and accurate entry.
5. Works in all trend situations.

Disadvantage

1. You need to remove old trendlines from the chart else when price repeats such areas it might place orders unknowingly. (I am yet to verify this)
2. Not for everyone. You must know how to draw trendlines because the EA thrives on it to place trades.

See our Forex Resources Page for links to Forex Strategies where you can get resources on trendline trading systems.

HOW TO GET THE EA

Click the Code Base Tab of your MT4 Platform, and look for BreakThrough EA. You can also get it directly from http://codebase.mql4.com/8974?source=terminal4_codebase

We would be glad you leave your comments on your experiences with this EA.  

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